NOT LISTED FOR SALE

111 N Washington Ave Unit B Margate City, NJ 08402

Estimated Value: $935,000 - $1,036,000

3 Beds
2 Baths
-- Sq Ft
1,655 Sq Ft Lot

Last Sold July 31, 2013

Last sale price $480,000

Est. 105% increase in value since last sale

Current estimated payment $6,079/month

123 Days on Market

Highlights

  • Property is near a marina
  • Shades
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Laundry Room

About This Home

As of July 2013

In the heart of it all! Close to the beach, shopping, restaurants, night life, and family fun! Perfect size and location with a price to match! 3 bedroom, 2 bath condo in Margate's Marina District. Bay views a plus, also granite, hardwood,and lots of closets. Don't wait, this won't last! Owner just took an August rental for $12,000....buyer can either have this reflected in the purchase price, or receive a check for the proceeds at settlement if purchased prior to August 1.

Last Agent to Sell the Property

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate Listed on: 02/25/2013

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A

Soleil Sotheby's International Realty - A

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,547

Lot Details

  • 1,655

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Shades
  • Drapes & Rods
  • Blinds
  • Storage In Attic
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property is near a marina

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,547

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Shades
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Laundry/Utility Room, Storage Attic

Exterior Features

  • Siding Exterior: Stucco

Utilities

  • Air Conditioner: Central, Gas
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Location: Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Jul 26, 2013
Sold by
Rellini Massimo
Bought by
Blank Michael R and Blank Rande F
Seller's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$984,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,977
Avg. Annual Appreciation
6.00%
Original Mortgage
$350,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jb Development Llc
Bought by
Rellini Massimo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blank Michael R $480,000 Surety Title
Rellini Massimo $434,000 Freedom Title & Abstract Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blank Michael $336,000
Closed Blank Michael R $350,000
Previous Owner Rellini Massimo $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $480,000 0.0% --
06/28/2013 06/28/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $480,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,547 $500,400 $125,200 $375,200
2024 $8,547 $500,400 $125,200 $375,200
2023 $7,896 $500,400 $125,200 $375,200
2022 $7,896 $500,400 $125,200 $375,200
2021 $7,786 $500,400 $125,200 $375,200
2020 $7,746 $500,400 $125,200 $375,200
2019 $7,716 $500,400 $125,200 $375,200
2018 $7,821 $500,400 $125,200 $375,200
2017 $7,831 $500,400 $125,200 $375,200
2016 $7,566 $500,400 $125,200 $375,200
2015 $7,446 $500,400 $125,200 $375,200
2014 $7,306 $500,400 $125,200 $375,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 407265

South Jersey Shore Regional MLS

APN: 16-00326-0000-00046-0000-C000B